Of the following, which determines the price a price searcher will be able to charge?
A) The costs of capital
B) The costs of labor
C) Advertising costs
D) Demand
E) A, B, and C above.
D
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Other things equal:
A. Workers with higher levels of human capital will tend to migrate to countries providing greater wage opportunities B. Workers with lower levels of human capital will tend to migrate to countries providing greater wage opportunities C. Smaller wage differences between countries will tend to increase the flow of immigration between countries D. Workers with higher levels of human capital will migrate to higher-wage countries regardless of the distance between countries
Which of the following is an explicit cost of migration?
A. Wages a worker gives up when they leave their home country B. Adapting to a new culture C. Paying application fees D. The stress of looking for a job in a new country